Baker Hughes (BKR) Capital Expenditures (2016 - 2026)
Baker Hughes' Capital Expenditures was $271 million in Q3 2026, down 8.1% from $295 million a year earlier and down 9.7% from the prior quarter.
Baker Hughes (BKR) Capital Expenditures (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baker Hughes' Capital Expenditures was $1.28 billion through Sep 30, 2026, up 2.8% year-over-year; for FY2025, it came in at $1.27 billion, down 0.4% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $1.28 billion in FY2024 (+4.4%), $1.22 billion in FY2023 (+23.8%), $989 million in FY2022 (+15.5%) and $856 million in FY2021 (-12.1%).
- The Q3 2026 figure marks the lowest quarterly Capital Expenditures since Q4 2022.
- Compared with a year earlier, Capital Expenditures was higher in three of the last eight quarters, with growth averaging 0.1%.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2021 (growth of 53.8%); the worst was Q1 2025 (a decline of 9.9%).
- Per Business Quant data, BKR's Capital Expenditures in the three quarters before Q3 2026 was $300 million (Q2 2026), $336 million (Q1 2026) and $377 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 485.00 Mn |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 271.00 Mn |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 266.00 Mn |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 61.00 Mn |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | 191.98 Mn |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 88.00 Mn |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 45.00 Mn |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 43.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 121.60 Mn |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 200.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 271.00 Mn |
| Jun 30, 2026 | 300.00 Mn |
| Mar 31, 2026 | 336.00 Mn |
| Dec 31, 2025 | 377.00 Mn |
| Sep 30, 2025 | 295.00 Mn |
| Jun 30, 2025 | 301.00 Mn |
| Mar 31, 2025 | 300.00 Mn |
| Dec 31, 2024 | 353.00 Mn |
| Sep 30, 2024 | 300.00 Mn |
| Jun 30, 2024 | 292.00 Mn |
| Mar 31, 2024 | 333.00 Mn |
| Dec 31, 2023 | 356.00 Mn |
| Sep 30, 2023 | 281.00 Mn |
| Jun 30, 2023 | 277.00 Mn |
| Mar 31, 2023 | 310.00 Mn |
| Dec 31, 2022 | 269.00 Mn |
| Sep 30, 2022 | 226.00 Mn |
| Jun 30, 2022 | 226.00 Mn |
| Mar 31, 2022 | 268.00 Mn |
| Dec 31, 2021 | 266.00 Mn |
Baker Hughes Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "BKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();